Schedule of accompanying consolidated financial statements |
Schedule of accompanying consolidated financial statements |
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Name |
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Background |
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Ownership |
Quantum Edge HK Limited (“Mengyun HK”) |
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- |
A Hong Kong company |
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100% owned by MC |
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- |
Formed on November 25, 2020 |
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Registered capital of HK 10,000 (USD 1,290) |
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A holding company |
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Beijing Xihuiyun Technology Co., Ltd (“Beijing Xihuiyun”) |
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- |
PRC limited liability company |
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100% owned by Mengyun HK |
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- |
Formed on May 11, 2021 |
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Registered capital of RMB 207,048,000 (USD 30,000,000) |
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A holding company |
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Shanghai Mengyun Holographic Technology Co., Ltd. (“Shanghai Mengyun”) |
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- |
A PRC limited liability company |
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81.63% owned by Beijing Xihuiyun and 18.37% owned by Mengyun HK
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Formed on March 24, 2016 |
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Registered capital of RMB 27,000,000 (USD 4,316,665) |
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Primarily engages in holographic integrated solutions. |
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Name |
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Background |
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Ownership |
Shenzhen Mengyun Holographic Technology Co., Ltd. (“Shenzhen Mengyun”) |
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- |
A PRC limited liability company |
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100% owned by Shanghai Mengyun |
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- |
Formed on March 15, 2016 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic integrated solutions. |
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Shenzhen Qianhai Youshi Technology Co., Ltd. (“Qianhai Youshi”) |
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A PRC limited liability company |
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100% owned by Shanghai Mengyun |
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- |
Formed on August 14, 2014 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic content sales and SDK software services. |
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Mcloudvr Software Network Technology Co., Limited (“Mcloudvr Software”) |
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- |
A Seychelles Islands company |
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100% owned by Shanghai Mengyun |
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- |
Formed on February 25, 2016 |
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Registered capital of USD 50,000 (No operation and dissolved in May 2019) |
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Shenzhen Yijia Network Technology Co., Ltd. (“Yijia Network”) |
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- |
A PRC limited liability company |
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100% owned by Qianhai Youshi |
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- |
Formed on September 25, 2008 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic content sales and SDK software services. |
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Horgos Youshi Network Technology Co., Ltd. (“Horgos Youshi”) |
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- |
A PRC limited liability company |
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100% owned by Qianhai Youshi |
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- |
Formed on November 2, 2020 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic content sales and SDK software services. |
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Horgos Weiyi Software Technology Co., Ltd. (“Horgos Weiyi”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Mengyun |
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- |
Formed on September 6, 2016 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic integrated solutions. |
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Shenzhen BroadVision Technology Co., Ltd. (“Shenzhen Bowei”) |
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A PRC limited liability company |
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100% owned by Shenzhen Mengyun |
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Formed on April 12, 2016 |
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Registered capital of RMB 10,000,000 (USD 1,538,461) |
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Primarily engages in holographic PCBA solutions. |
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Mcloudvr Software Network Technology HK Co., Limited (“Mcloudvr HK”) |
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A Hong Kong company |
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100% owned by Shenzhen Mengyun |
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Formed on February 2, 2016 |
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Registered capital of HKD 100,000 (USD 12,882) |
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Primarily engages in holographic integrated solutions. |
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Name |
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Background |
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Ownership |
Shenzhen Tianyuemeng Technology Co., Ltd. (“Shenzhen Tianyuemeng”) |
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A PRC limited liability company |
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100% owned by Shenzhen Mengyun |
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Formed on January 6, 2014 |
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Registered capital of RMB 20,000,000 (USD 3,076,922) |
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Primarily engages in holographic advertising services. |
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Shenzhen Yunao Hongxiang Technology Co., Ltd. (“Shenzhen Yunao”) |
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A PRC limited liability company |
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100% owned by Shenzhen Mengyun |
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Formed on December 3, 2021 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Advertising service |
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Broadvision Intelligence (Hong Kong), Ltd. (“Broadvision HK”) |
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A Hong Kong company |
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100% owned by Shenzhen Bowei |
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Formed on November 5, 2020 |
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Registered capital of HKD 10,000 (USD 1,288) |
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No operation |
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Horgos BroadVision Technology Co., Ltd. (“Horgos Bowei”) |
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A PRC limited liability company |
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100% owned by Shenzhen Bowei |
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Formed on November 4, 2020 |
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Registered capital of RMB 1,000,000 (USD 153,846) |
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Primarily engages in holographic PCBA solutions. |
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Horgos Tianyuemeng Technology Co., Ltd. (“Horgos Tianyuemeng”) |
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A PRC limited liability company |
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100% owned by Shenzhen Tianyuemeng |
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Formed on October 23, 2020 |
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Registered capital of RMB 1,000,000 (USD 153,846) |
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Primarily engages in SDK software services. |
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Horgos Tianyuemeng Technology Co., Ltd.-Shenzhen Branch (“Horgos Tianyuemeng-SZ”) |
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A PRC limited liability company |
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100% owned by Horgos Tianyuemeng |
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Formed on March 19, 2021 |
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Registered capital of RMB 1,000,000 (USD 153,846) |
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No operation |
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Dissolved on December 10, 2021 |
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Shanghai Mengyun Quanyou Vision Technology Co., Ltd (“Shanghai Quanyou”) |
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A PRC limited liability company |
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100% owned by Shanghai Mengyun |
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Formed on June 24, 2021 |
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Registered capital of RMB 1,000,000 (USD 153,846) |
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No operation |
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Dissolved on September 1, 2021 |
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Ocean Cloud Technology Co., Limited. (“Ocean HK”) |
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A Hong Kong company |
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56% owned by Mcloudvr HK |
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Formed on November 4, 2021 |
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Registered capital of HKD 10,000 (USD 1,288) |
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No operation |
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Name |
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Background |
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Ownership |
Shenzhen Haiyun Xinsheng Technology Co., Ltd. (“Shenzhen Haiyun”) |
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- |
A PRC limited liability company |
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100% owned by Ocean HK |
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Formed on December 3, 2021 |
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Registered capital of RMB 50,000,000 (USD 7,846,707) |
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No operation |
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Shenzhen Tata Mutual Entertainment Information Technology Co., Ltd. (“Shenzhen Tata”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Haiyun |
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- |
Formed on January 16, 2020 |
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Sold on June 30, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Shenzhen Youmi Technology Co., Ltd. (“Shenzhen Youmi”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Haiyun |
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- |
Formed on March 17, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Game promotion and advertising service |
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Shenzhen Yushian Technology Co., Ltd. (“Shenzhen Yushi”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Haiyun |
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- |
Formed on February 18, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Advertising service |
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Horgos Tata Mutual Entertainment Information Technology Co., Ltd. (“Horgos Tata”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Tata
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Formed on March 22, 2022 |
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Sold on June 30, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Game promotion service |
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Horgos Youmi Technology Co., Ltd. (“Horgos Youmi”) |
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A PRC limited liability company |
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100% owned by Shenzhen Youmi |
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- |
Formed on January 29, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Advertising service |
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Horgos Yushian Technology Co., Ltd. (“Horgos Yushi”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Yushi |
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- |
Formed on March 24, 2022 |
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Registered capital of RMB 5,000,000 (USD 784,671) |
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Advertising service |
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Kashgar Youshi Information Technology Co., Ltd. (“Kashgar Youshi”) |
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- |
A PRC limited liability company |
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100% owned by Qianhai Youshi |
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- |
Formed on May 5, 2016 |
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Registered capital of RMB 5,000,000 (USD 769,230) |
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Primarily engages in holographic content sales and SDK software services. |
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Beijing Weixiaohai Technology Co., Ltd. (“Beijing Weixiaohai”) |
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- |
A PRC limited liability company |
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100% owned by Shenzhen Haiyun |
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- |
Formed on April 17, 2019 |
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Registered capital of RMB 8,000,000 (USD 1,124,622) |
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Primarily engages in Advertising service. |
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